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Right, it's $11bn/year in revenue, averaged over 5 years. Is that not usually used in determining the value of a given market?
by quaunaut 12y ago
Right, it's $11bn/year in revenue, averaged over 5 years. Is that not usually used in determining the value of a given market?
- runako 12y agoYes, but you're comparing a company (Uber) with an annual revenue number ($11B), which is one property of a market. For comparison, Apple is currently worth around $565B, but its revenues were $176B in the last 12 months. Chipotle is worth $17B, but its revenues were $3.4B over the last 12 months. A firm's revenue and its value are related, but usually not equal.